The Big Short 2015


GATUNEK: Biograficzny, Dramat,

OPiS FiLMU: Historia oparta na prawdziwych wydarzeniach, które stały się zarzewiem ogólnoświatowego kryzysu 2007-2010. Zadziwiające, jak zaledwie kilku mężczyzn – poprzez spekulacje, malwersacje, balansowanie na granicy prawa – doprowadziło do gigantycznej zapaści gospodarczo-ekonomicznej właściwie w każdym zakątku globu. Sensacyjne kulisy wydarzeń, które wpłynęły na każdego z nas.

PLOT:  The movie follows the simultaneous stories of three groups of people who discovered the groundwork for the financial crisis of 2007–2010 and manage to enormously profit from it.In 2005, eccentric hedge fund manager Michael Burry (Christian Bale) discovers that the U.S. housing market is extremely unstable, being based on subprime loans that are high risk and providing fewer and fewer returns. Predicting that the market will collapse sometime in the second quarter of 2007, he realizes that he can profit from this situation by creating a credit default swap market, allowing him to bet against the housing market; he visits numerous banks with this idea, and the banks, believing that the housing market is secure, accept his proposal. This earns the ire of Burry’s bosses who believe that he is wasting their money and demand that he stop his activities, but he refuses. As the predicted time of the collapse approaches, his investors lose their confidence and consider pulling their money out, but Burry puts a moratorium on withdrawals, much to his investors’ anger. However, the market collapses just as he predicted and he produces 489% profits from the plan.

Investor Jared Vennett (Ryan Gosling) hears of Burry’s actions in 2005 from one of the bankers he dealt with, and soon realizes that Burry’s predictions are true. He decides to put his own stake in the credit default swap market. A misplaced phone call alerts trader Mark Baum (Steve Carell) to his plans, and Baum is convinced to join Vennett. The two discover that the impending market collapse is being further perpetuated by the sale of collateralized debt obligations (CDOs), groups of poor loans that are packaged together and incorrectly given AAA ratings due to incompetence of the rating agencies. When Baum attends the American Securities Forum in Las Vegas, he interviews a businessman who has created synthetic CDOs, making what is described as a chain of increasingly large bets on the faulty loans; Baum realizes, much to his horror, that the scale of the fraud will cause a complete collapse of the economy. Baum’s business partners convince him to go through with the credit default swaps, profiting from the situation at the public’s expense.

Eager young investors Charlie Geller (John Magaro) and Jamie Shipley (Finn Wittrock) discover a flyer by Vennett in 2005 and also decide to become involved in the credit default swaps. Since they are too inexperienced to pull off the trades necessary to profit from the situation, they enlist the aid of retired banker Ben Rickert (Brad Pitt). The three visit the American Securities Forum, where they manage to successfully make the deals. Shipley and Geller are initially ecstatic, but Rickert realizes that they are profiting from an impending economic collapse, much to his disgust and their horror. The two profit immensely, but are left with their faith in the system broken.

In an epilogue, Burry semi-retires and invests only in water, Baum refuses to say „I told you so” to the world and continues his career, Rickert returns to his retirement, and Shipley and Geller unsuccessfully attempt to sue the ratings companies and eventually split apart. Almost nobody involved in the creation of the CDO bubble is arrested, and CDOs are soon sold under a different name.

14 lipiec 2018


23 luty 2016
15 stycznia 2016